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FREDDY'S - HILLIARD, OH 1719 Hilliard Rome rd

2,900 SF 100% Leased Retail Building Hilliard, OH 43026 £2,414,914 (£833/SF) 6% Net Initial Yield

Investment Highlights

  • LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew.
  • 6th largest Freddy’s franchisee in the U.S
  • HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.00-acre lot, pad site to Sam’s Club, just west of Hilliard Rome Rd
  • OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants
  • New, build-to-suit of Freddy’s latest prototype with an impressive 15-car stack in drive-thru - slated to open January 2025
  • 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 110,070 | Average Household Income (1-MI): $147,126

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,900 SF
Year Built
2025
Construction Status
Under Construction
Price
£2,414,914
Price Per SF
£833
Net Initial Yield
6%
NOI
£144,910
Percent Leased
100%
Number of Floors
1
Building FAR
0.07
Lot Size
1.00 AC
Zoning
C

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Links

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Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Starbucks
Applebee's
PNC Bank
La Fitness
Outback Steakhouse
The Hummus & Pita Co.
Bibibop
Esporta Fitness
Tim Hortons
Texas Roadhouse
(402) 730-6021

Contact

  • Listing ID: 34192890

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 1719 Hilliard Rome rd, Hilliard, OH 43026

The Retail Property at 1719 Hilliard Rome rd, Hilliard, OH 43026 is currently available for sale. Contact Commercial Investment Advisors, INC for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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1719 Hilliard Rome rd, Hilliard, OH for sale Primary Photo- Image 1 of 14
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1719 Hilliard Rome rd, Hilliard, OH for sale Building Photo- Image 9 of 14
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1719 Hilliard Rome rd, Hilliard, OH for sale Building Photo- Image 10 of 14
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© 2024 CoStar Group

FREDDY'S - HILLIARD, OH | 1719 Hilliard Rome rd
(402) 730-6021 x

FREDDY'S - HILLIARD, OH | 1719 Hilliard Rome rd

Kendall Carlsen

(402) 730-6021

(402) 730-6021

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